Saturday October 31, 2020

Budget 2013: Ten-point plan could spur on small businesses

In his budget, Minister for Finance Michael Noonan announced a ten-point tax reform plan to help small businesses.

9th December, 2012

In his budget, Minister for Finance Michael Noonan announced a ten-point tax reform plan to help small businesses. Of particular interest in the ten-point plan are the following elements:

* Reforming the three-year corporation tax relief for start-up companies to allow unused credits to be carried forward. This is subject to the maximum amount of relief in any one year not exceeding the eligible amount of employers' PRSI in that year. It will help SMEs...

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